Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Industrial sector accounts for 32.6% of credit facilities in April: CBE

The industrial sector accounted for 32.6% of the total credit facilities granted…

Hossam Mounir

Supply Ministry purchases 300,000 tonnes of Russian, Romanian wheat

The Ministry of Supply has announced the purchase of 300,000 tonnes of…

Daily News Egypt

Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?

Unofficial market and analysts increase pressure on CBE’s governor

Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir

MSCI achieves strong 4.7% increase in past week’s trading

MSCI index registered a remarkable increase of 4.7%, rising from 828.84 points…

Daily News Egypt

Gulf markets see all-round increases in past week’s trading

Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points,…

Daily News Egypt

New exchange rates drive up Egypt Duty Free revenues by 13.7% despite tourism slump

Egypt Duty Free’s activity is influenced greatly by the movement of foreign…

Mohamed Ahmed

InterCairo Aluminum to float 30% of shares in EGX during December

InterCairo Aluminum Industry awaits approval from the Egyptian Exchange to begin the…

Mohamed Ahmed

13,900 foreign workers in private, investment sectors in Egypt in 2015: CAPMAS

The manufacturing business obtains the majority of these foreign workers

Hossam Mounir

Foreign investors conclude project agreements on EGP 12-13 dollar rate

Foreign companies seeking to invest in Egypt traded based on prices that…

Mohamed Ahmed